Informality: Exit and Exclusion

by Guillermo E. Perry, Pablo Fajnzylber, Omar S. Arias, et al.

'Informality: Exit and Exclusion' analyzes informality in Latin America, exploring root causes and reasons for and implications of its growth. The authors use two distinct but complementary lenses: informality driven by 'exclusion'' from state benefits or the circuits of the modern economy, and driven by voluntary 'exit' decisions resulting from private cost-benefit calculations that lead workers and firms to opt out of formal institutions. They find...

• Format: Paperback
• Language: English
• ISBN: 0821370928
• ISBN13: 9780821370926
• Release Date: May 2007
• Publisher: World Bank Publications
• Length: 248 Pages
• Weight: 1.50 lbs.
• Dimensions: 0.6" x 8.4" x 10.9"